HBAR Hedera Hashgraph Crypto Price News Today – Price Prediction and Technical Analysis!

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HBAR Hedera Hashgraph Crypto Price News Today – 2022 Price Prediction and Technical Analysis! In this video I talk about the crypto coin HBAR and carry out an Elliott Wave technical analysis. I also talk about my price prediction for Hedera Hashgraph for 2022.

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I am not a financial advisor. The ideas presented in this video are personal opinions and for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. Ideas presented in this video are my opinions at the date of filming and may have changed in the future.

Hey hello and welcome to another update video about hbar hbar is starting to move and might be taking off here or has already starting uh started to take off also one of the coins um that I presented uh um two bullish scenarios for even though the chart looks a little

Bit like a mess I have to say that um it’s not a great structure here not a clear structure nevertheless two bullish setups so what was the first one the first one was in white here um basically this wave one to the upside a wave two

To the downside a wave three to the upside all in a diagonal pattern away 4 landed exactly at the 50% retracement level at 6.79 cents and um like magic reversed here and is now possibly in this scenario in wave five of C let’s first establish in this scenario what

The target for wave five of C would be um before we get to the second scenario which is more bullish in the short term so in this scenario there are a couple of ways how we can measure targets first one is take the length of the wave 1

Then we go to the low of the wave two and we see here that already our minimum expectation for a third wave was met at 10 cents um which was the 1. 236 extension here on the 1st of January um then we had a wave four pullback and the

Wave five ideally now minimally reaches 12.8 cents possibly higher okay but that would be um great and if we have that well to be honest we only have a larger ABC structure then now that’s not necessarily bearish but it could turn into and even larger a b c so it’s not a

Great or even a diagonal or something so it’s not a great structure to try to trade for precision however I will keep monitoring it and when I see a setup as I did here then I will mention that and update you about it okay that’s that uh

Scenario also yeah it’s at this stage rather unclear what would happen after wave five of C I will I will have to see how structure is looking like and then possibly we’ll be able to give you another support region for that but we have to take it level by level with um H

Bar in the yellow count we’re dealing with a larger ABC structure so actually oh no that would be it’s embedded in a different larger degree structure but in this scenario this here is an a wve this move down was B and we’re moving up in a

Larger wave c um could for example argue that this is a wxy structure for for example it’s a possibility and then this would stretch even higher uh where could that stretch to well here we would talk about um the 100% extension of wave a and that means we’re looking at round

About 17 17.4 cents okay so that area there and um that all uh yeah that’s all looking good Please be aware that the 10cent level itself so the previous swing highs which formed in February last year year as well as in January this year they obviously are resistance

So the price hasn’t broken above it but it looks as if hbar wants to do it to reach one of the targets presented and these scenarios are now valid as long as the swing low that formed on Sunday is actually holding Sunday the um 4th of February which was down here at 6.8

Cents if we Now fail so if now the breakout fails I would not call that away five yet I would rather call it either in the yellow count a more extended B wve that’s happening so a b c in wave b or um even in the fourth wave we could be

Working on some kind of a flat structure there but yeah it all hinges now on the Bull’s success to generate a real breakout here but you see these pops everywhere now in the altcoin world um just take a look at you know where we have setups and

Even if they haven’t moved for a while you know I always say red candles people get scared yes but they that changes from one day to another in crypto so don’t worry if support is holding you nobody can tell you right um it’s all about identifying the levels maybe

Scaling in but it’s typically too late when it’s already moved that’s why the idea of pullback trading I think is the most relaxed one of trading cryptos that’s my update about H bar hope you like the update if you did please hit the like button leave a comment and

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